JPMorgan Chase & Co. Boosts Holdings in CVR Partners, LP $UAN

JPMorgan Chase & Co. grew its position in shares of CVR Partners, LP (NYSE:UAN) by 3.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,066 shares of the basic materials company’s stock after purchasing an additional 7,160 shares during the period. JPMorgan Chase & Co. owned approximately 1.13% of CVR Partners worth $17,399,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in UAN. Root Financial Partners LLC purchased a new stake in shares of CVR Partners in the third quarter worth $54,000. BNP Paribas Financial Markets grew its position in CVR Partners by 1,888.6% during the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock worth $78,000 after buying an additional 831 shares in the last quarter. State of Wyoming increased its stake in CVR Partners by 41.9% in the 3rd quarter. State of Wyoming now owns 2,054 shares of the basic materials company’s stock worth $185,000 after acquiring an additional 607 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in CVR Partners in the 2nd quarter worth about $204,000. Finally, Bessemer Group Inc. purchased a new stake in shares of CVR Partners in the 3rd quarter valued at about $214,000. Institutional investors own 43.83% of the company’s stock.

Wall Street Analysts Forecast Growth

UAN has been the subject of a number of research analyst reports. Wall Street Zen downgraded CVR Partners from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Weiss Ratings cut shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, CVR Partners presently has a consensus rating of “Hold”.

CVR Partners Stock Up 2.5%

Shares of NYSE UAN opened at $138.29 on Thursday. The stock has a market capitalization of $2.37 billion, a P/E ratio of 14.81 and a beta of 0.60. CVR Partners, LP has a one year low of $63.45 and a one year high of $139.50. The firm’s 50 day simple moving average is $113.62 and its two-hundred day simple moving average is $101.91. The company has a debt-to-equity ratio of 2.14, a current ratio of 2.21 and a quick ratio of 1.36.

CVR Partners (NYSE:UAN) last announced its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share for the quarter. CVR Partners had a return on equity of 32.82% and a net margin of 16.28%.The business had revenue of $131.07 million during the quarter.

CVR Partners Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.48 annualized dividend and a yield of 1.1%. CVR Partners’s payout ratio is currently 15.85%.

CVR Partners Company Profile

CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.